Nexus Cognitive Secures Strategic Investment from Insight Partners to Expand Data & AI Services
Nexus Cognitive is an innovator in enterprise data and AI foundations, offering comprehensive solutions that combine technology with industry expertise.
Company Name: Nexus Cognitive
Location: Atlanta, GA
Sector: Technology, Data Management
Funding Details: Received an investment from Insight Partners. The amount was not disclosed. Richard Matus, Vice President at Insight Partners, will join Nexus Cognitive’s board.
Purpose of Investment: To accelerate channel partnerships and continue to develop its technology offering and out-of-the-box intellectual property.
Leadership: Led by CEO and Founder Anu Jain.
Product: Nexus Cognitive provides a tech-enabled managed service for big data infrastructure through its primary offering, NexusOne. This managed data-as-a-service platform is adaptable to any cloud and existing data platforms such as Cloudera, AWS, Azure, Databricks, Snowflake, and includes open-source components. It features a universal control plane that efficiently manages resources needed for increasing revenue, reducing costs, and managing risk and compliance. NexusOne supports a variety of use cases including dynamic pricing, new business line expansion, credit risk management, and supply chain cost reduction.
About Company: Nexus Cognitive is an innovator in enterprise data and AI foundations, offering comprehensive solutions that combine technology with industry expertise. The company’s services are crucial for businesses in sectors such as financial services, government, retail, and manufacturing, helping them to optimize their operations and strategic initiatives through effective data management and analytics.